Post
Topic
Board Announcements (Altcoins)
Re: 🚀[ANN][ICO][RBIT] Earn Passive Income thru our Arbitrage Profit Sharing 🚀
by
Miiike
on 27/04/2018, 16:33:34 UTC
To even complicate matters of "when to buy and hold to be eligible for profit sharing", your team publicly just giving us the dates for the next four snapshots. Will it be like this for every time? During the coming weeks, you'll publish another list of dates? I find it hard to motivate people to invest and keep holding for the entire duration if they know what date they could buy and will still get profit
But who would sell the tokens days before the profit sharing?? Maybe there are some, but I could only imagine they would sell at ridiculous prices

A fair point well made, that people will predictably has a tendency to hold nearing a snapshot, which resulting a demand on buy order. I must say the argument make sense, although one or two might argue back that the predicted outcome will heavily dependent on project performance and token price nearing the event of snapshot. Just like your representative said, it is very possible that the price is worth more to be sold than to be held, and from this theory, there is a chance that the price increment will tempt an event of panic sell due to people wanting to sell at the current highest.

Nevertheless, I think it is safe to conclude that the decision of holding or buying will be dependent to the current price and performance. Going forward from this, team's performance, and especially as you on a heated debate of scam and not scam, it will be quite fair for people to start thinking and associating your project with ponzi scheme, as you "ask" people to buy your service with a promise of some return bi-weekly (and later on, monthly), which potentially will be very profiting for early investors, but will probably, gradually as the project proceeding, mimicking ponzi pyramid.

Thus, what I'd like to know more, is why should people believe in you? What things could help them sure that your project is not another ponzi? What could ensure them that once you gain interests and people start holding your token (simply put, you gain a lot of their money) you'll keep doing arbitrary and not running away with their funds? This is an open question, I give you chance to explain and readers to understand.